Always remember that, once a politician starts speaking, he's lying.
93 sats \ 2 replies \ @Undisciplined 25 May
"America" is pro whatever enriches the donor class. Paper bitcoin seems to have entered that category, but I wouldn't expect that to extend to P2P bitcoin, necessarily.
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62 sats \ 0 replies \ @riberet19 25 May
I believe that paper Bitcoin is also on a mission to manipulate the individual into not using the real Bitcoin and using paper Bitcoin because "it's safer"
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0 sats \ 0 replies \ @Silent_Hodler 25 May
Preach!
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10 sats \ 2 replies \ @Signal312 25 May
This is presented as a pro-bitcoin bill, but it looks like there's some crazy restrictions in there. For instance, you can't buy digital assets for more than the greater of 10% of your net worth or 10% of your annual income.
From here: https://www.congress.gov/bill/118th-congress/house-bill/4763/text?s=1&r=1&q=%7B%22search%22%3A%5B%22Financial+Innovation+and+Technology+for+the+21st+Century+Act.%22%5D%7D
“(B) with respect to a transaction involving the purchase of units of a digital asset by a person who is not an accredited investor, the aggregate amount of all units of digital assets purchased by such person during the 12-month period preceding the date of such transaction, including the unit of a digital asset purchased in such transaction, does not exceed the greater of—
“(i) 10 percent of the person’s annual income or joint income with that person’s spouse or spousal equivalent; or
“(ii) 10 percent of the person’s net worth or joint net worth with the person’s spouse or spousal equivalent;
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0 sats \ 1 reply \ @anon 29 May
That's wild! Do you know if they're trying to apply that to standard bitcoin buys too or is that only for the ETFs of the world?
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0 sats \ 0 replies \ @Signal312 29 May
Umm...I didn't even think of the ETFs, I thought it was for straight BTC. I could totally be mistaken though.
If I remember right the whole thing is 482 pages long. Insane.
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10 sats \ 1 reply \ @cristaiji 25 May
I hope so.
Once America moves, the UK tends to follow.
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11 sats \ 0 replies \ @riberet19 25 May
Not just the UK, but Europe mostly as well.
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0 sats \ 0 replies \ @om 25 May
America was founded on libertarian principles so America would be pro Bitcoin from the start. What we deal with instead is a fork throwing the basic principles out of the window: America Cash.
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0 sats \ 0 replies \ @guts 25 May
Democrats vote in favor for elections, they could change their minds after that.
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0 sats \ 2 replies \ @itsMoro 25 May freebie
america so weird. right hand trying to kill btc while the left hand defending btc from the right one.